Birdwatch Note Rating
2023-10-02 22:11:27 UTC - HELPFUL
Rated by Participant: CA52D3BF3D962EFE0773487AD486AF6C0FD04BE69B5D7B7C76086DE6D64B6C2A
Participant Details
Original Note:
At no point in the clip does Klaus Schwab say that. He is talking about Stakeholder Capitalism. Under this system, a company's purpose is to create long-term value and not to maximize profits and enhance shareholder value at the cost of other stakeholder groups. https://www.investopedia.com/stakeholder-capitalism-4774323
All Note Details